Properties on Auction on 13 June 2019 Summer Place, 69 Melville Road, Hyde Park

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Shoprite Broadway Square

 
Address:
Cnr. Broadway Boulevard & Onverwacht Street,Strand
Suburb:
Cape Town
Province:
Western Cape
Country:
South Africa
Web Ref:
109603
Description:
Corporate Disposal
Fully let Retail Centre, anchored by Shoprite (size 2975m²)
New 10 year Shoprite lease on transfer, plus three 5 year renewal options
New 5 year OK Furniture lease on transfer, plus four 5 year renewal options
New 5 year Shoprite Liquors lease on transfer, plus four 5 year renewal options
Erf: 16 066m²
GLA: 5850m²
Projected GAI: ± R 11.9m
Additional tenants include: SA Post Office, Ackermans, Hungry Lion, Fashion IQ, PEP, PEP Cell, New Look Cosmetics, Home Display, Hungry Lion, multiple ATM's, Food Planet and others
R 500 000 REGISTRATION FEE
Letter of Comfort from Financial Institution Transaction Attracts VAT

Auction Details

Date:
13 June 2019
Time:
12:00
Venue:
Summer Place, 69 Melville Road, Hyde Park

Sales Executives

Name:
Ripley Evans
Mobile:


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